Good morning, ladies and gentlemen, everybody welcome back another crazy. Well, is he crazy just another day you know the tip. It typically is good morning guys, good morning, good morning, hello, everybody uh good morning, some provolone, so yeah, just kind of recap: um a little bit of what happened. Uh happened yesterday, so yup.

Let's do that! I'm going to keep uh i'm going to keep a chart over here that i can make sure i periodically look at some things: yeah grvi news with amazon spikes all the way up to 688 grove inc. Hmm, i'm reading the news here on that. That's sort of interesting all right, so recapping from yesterday um you'll, remember that sava was kind of one of the number one watchers for me over the next well. Yesterday morning it was a stock to be watched for the coming week.

Well, it ended up blowing up. Yesterday, so that was cool, so i traded very well on sava yesterday, but so that blew up right. So if you're watching that, not that it can't continue to have moves um, but i mean obviously you're you're, not first you're. Last right, not not really you're, not ricky bobby here, but the reality of the situation is yesterday.

We said it doesn't. Yesterday the market said: okay, i didn't say anything yesterday the market said make sure you're watching sava, at least for maybe the next week, and it blew up yesterday. Um, so probably gon na have a little volatility today. I would be really really surprised to see it have another explosive long move like you just saw um, so you might get a little back and forth trading.

You might be able to wiggle some dollars here and there do something. I can't say that i'm going to be trading this or really watching it all that much um, but yeah might i'm still gon na watch it. But i can't say: i'm gon na really be doing any crazy trades on. I don't think all right, amc, uh! So amc another stock that blew up last night, so yesterday we said watch that one long um buy the dip.

I think our target was like gap filled to maybe the half deviation. I think it went a little higher than that. Oh no! Well, that's hold on yeah, so over the next couple days i was only kind of looking first to this price, which last night we got to and went well above you'll see right there and then you'll see market. Oh, let me one second, let me get my drawing tools, so anyways uh, the market yesterday yesterday said to watch amc long bias.

The market on amc ended up going up long bias. Now the reason amc got super explosive last night was also due to. I think the earnings report from bbby yeah so yesterday pretty much the objective was to go up to this. That was like, when i say max: that's not max! That means until we're through it.

It's max so you'll see we kind of got to it, went straight through it and then we pull down right back to that level. So that's the re-test of the breakout by the dip. Then the market runs okay and then it falls apart. A little bit so sort of picking up momentum off of bbby um you'll see bby went on a crazy run.

I think they had some news about a 1 billion repurchase program by the end of 2021 right. So so i think that was the news right. So, let's read that, let me just one second, that's kind of interesting kind of late, though you already missed a good entry on that yeah. That's kind of unfortunate.

I mean that still has some room, though right maybe uh, i wouldn't say you might be able to watch flgc uh today, a little bit on the long side. You might see that creep up in the 560 640s just broke out this morning. Pre-Market pulled back re-test. The breakout around 460s 480s - i'm not on it.

I just kind of looked at that because on the scanner and came to the realization that we've already done a breakout or retest of support and if the bulls win this battle, they'll probably push it to 560 640s um. So, let's look at the news here with um bbby, i'm really just looking for, like the the buy back thing. I thought i read that yesterday, or did i read that incorrectly? Yes, twitter, we said, might 250 you're absolutely right. We can also talk about that.

One um hold on yeah, i don't i don't. Maybe i was reading something incorrectly last night with bbby i could have swore they were doing a one billion dollar like buyback. Maybe i was looking at a different stock. I thought it was bbvy yeah.

I really don't know so forget what i was gon na say there. That's really pointless, it's kind of irrelevant. Is it like? I, i just don't know why i cannot. I can't see it.

It was like right there unless i just keep jumping over it in the news here, oh duh, because i'm looking not obviously i'm not looking at yesterday, i'm looking at today stupid yeah right there, one billion three-year share purchase program got it sorry, um. So that's cool right totally, so like a one billion per share reporters program. So let's see what happened, though yeah, so they got times by so it's got to be and now yeah it doesn't. It's just fun, never mind, don't worry about it.

It's pointless! Yeah one billion buyback - i was gon na, say i guarantee the market cap here, increase significantly more than a billion. Not you see what i'm saying right i mean. I think that, like whatever this news is repurchase a billion a billion dollar repurchase program over three years - like that's cool for sure, i can definitely help the stock go up, but the market cap probably just increased by like a billion itself um. I didn't really fully do the math, i'm just assuming, based on the outstanding shares and the increase in price um g f a i just hit the hyatt a scanner, so this is where most of the public is now starting to get alerted of this.

So smarter traders are getting ready to sell shares on to you know people like me. If i was gon na jump into this, it could go higher, but i mean ideally, this is uh. This has really already started moving so you're kind of already late to that, which i wish that would have alerted me there, which is so annoying that it's not gon na get a different thing going yeah see something's kinda, i got ta talk to my coder or I just got ta get them different scan. You see how this purple line squeezed off at 7 18 this morning.

So it's 7 18. I should have been alerted of this, but i have no alert so it's kind of like kind of shitty. So it's probably just me having my settings off but uh. Nonetheless, another line purple line fire off by the dip, sell the rip uh so you're late.

To that you know, but good move, not a doctor. You got to be quicker than that yeah, absolutely so um. Nonetheless, yeah, if you're getting this, if you're seeing this you're, definitely late uh, what's my thoughts on i mean there it doesn't. I don't.

I don't really know how why again, i'm not someone with millions of dollars but yeah, i'm sure there's some pretty reason behind. Why they're doing what they're doing um but again defeats the whole concept of a free market which i never really never mind yeah? So it's not really a free market, but cool i mean i don't really care, don't really bother me. I mean the reality of the situation. Is everyone should be able to short whatever stock? They want obviously as long as there's shares to short um and things like that.

So if there are shares available to short, then obviously you shouldn't be restricting the shorting, but then again, if there's literally no shares to shore and they're all owned, then yeah, it would make sense as why you can't short it, and then, if that is the case, Then that should be the reason explained to the public, but i'm assuming that's probably very far from it, but anyways. You know for what it's worth um. I really just think that maybe car yes so yeah we should go over car. I think it had to do with car.

I i don't know. I really don't know these are crazy times the market's crazy. I really can't even wrap my head around half of this stuff, so um, i'm not even gon na try so like yesterday. Car was pretty cool, um this one's stupid nuts and then um.

You know a lot of people got short, got smoked um, so not that it couldn't have pulled back here and i think remember. We were watching this and i said that i would like to see it fade back down to like 260s, 270s or whatever hold on let's. Let's look at that so yeah. My targets down yesterday would have been and when i say down yesterday was saying when we talked about it.

My downside target when we snap and when we roll will be well in this case these those red lines. So though it didn't go down yesterday, yesterday we were looking at it and so yesterday the price targets we gave for when it snaps when it goes down. I would expect it's logical for the markets to return back to that price of like 280. right um.

You will see we're almost there now right. Yesterday there was a lot of volatility going up a lot of buying volume, so markets obviously went up, but this is a number one rule that you have to remember if you're gon na short stuff and i'll teach it to you on a couple stocks this morning, Hopefully the stream's coming through, okay, um, oh, live stream frozen. I don't know what do you know not or good job, not a doctor, good job? You probably should go back to bed after that, so yeah you guys might have to refresh the stream but anyway. So here's your next thing - car, okay, um and i'll - show you that this is literally just a repeating pattern in the market and once you understand that it's going to become a lot easier for you, um and even myself too.

You know it's not like i'm perfect, but that's why i teach it that's why i sit here and do it every day. So i can get better and things like that. But you'll see here, market goes up, market pulls back, everyone tries to pile in short, so then the market squeezes them out because they can right. The brokers know that you're shorting people have your data, they know retail was shorting or just in general, people were shorting or someone was sure it doesn't matter right.

So we know that once the price exceeds this level, it was kind of euphoric. Hence why it pulled back pretty much to that level and then it fired off again so we'll just say that over the yellow line is sort of euphoric. So now we're in euphoria and people. Well, it probably should come down because it's euphoric so then it's short, it goes back down.

Basically retest the euphoria breakout. Anybody who got into early gets shorted or short squeezed to all hell right, full on max payne and then eventually, once everyone gets smoked, they let it go, and where does it go now mind you a lot of people who entered this top short right. They probably started shorting. You know, maybe here when it halted, maybe up here, but for sure when it starts to go red, that's when people's psychology goes sell.

It short short right: that's when they start to think that most of those people that are starting to think that they are not going to get filled at the top of that candle. Okay, you will not get filled here. You could but you're, probably just not you're, probably not even going to get filled mostly there by the time all said and done, you're trying to short this down get a good position. You might get a fill down here.

You might be somewhere in here, but just nonetheless for anybody shorting this top section yesterday thinking it would go down you pretty much built yourself. An average ownership share price short position within this area. Okay, and then they got squeezed all right fast forward. A couple hours later in the day and where does the short return to okay, and then, where does the short then? And then, where does the move? Bounce okay, shorts, pile in all, create average ownership shorts get squeezed? This is the short squeeze.

This move here was normal. This slightly euphoric, everyone piled short market, knew it market squeezed them. Hence the tweet i made yesterday, which comes from famous bobby axelrod, which is basically him talking with his friend, who took a short position because he overheard bobby axelrod, taking a short position. So he's a good trader.

So his friend thought that he could short the same stock and make a killing because his buddy's a good trader. So then he shorts a stock, but his buddy doesn't have the same margin or doesn't have the same capital. So his buddy can't withstand the squeeze and he can't withstand the margin call okay, so we can't handle the pressure. Okay, if you can't handle the pressure you can't short, because when the pressure is gone, what does it do it reverts back to where the short squeeze a lot of times happens? Hence the term, if you can't handle the pressure or, if you're going to short, you have to be able to withstand the pressure sometimes which in this case, if you shorted too early yeah, you get a lot of pressure on you and then eventually the weak hands And everything, and eventually falls apart, and it subsides back to a where the squeeze takes place on the top short.

That's why it bounces, because this is the break, even everybody that was under water, basically got back to break even small loss, small green. If they averaged up, then they went green, so they're covering and that's what's creating this bounce okay. And so, if you look at the market right, the market's almost through that low and the reason it's almost through that low is because that's not even really like a true support. It's only support from the previous day because the shorts are covered.

I mean a lot of times. The support is going to be back down to the trend which right now, i think, is around like this area right, so good chance. You see car a little lower here today, maybe two um, so that is uh, that's car and just to show you that again it's it's really the same thing in the market over and over and over and over and over and over it's it's. The problem is getting good at understanding like when it's actually happening so like yesterday on crtx again same exact thing, or is it yeah crtx? So you see how the market's kind of right it's low value, inverse head and shoulders whatever blah blah blah goes up like good trend.

This is probably a logical trend. This is, where probably start to got a little overbought people short public, everyone picks up and then boom squeeze. If you can handle the pressure right back down right. So if you short too soon and you get squeezed, if you can handle the pressure and understand that it's just a short term squeeze and you can handle the pressure or if you don't over leverage, not saying you should hold through that, i'm just saying that's the Way that market tends to work okay, so i'm not saying you're supposed to hold it just trying to help.

You understand the ebb and flows of market cycles. So it's a common thing. You see all the time, a rinse and repeat thing: okay, all right so yeah. I mean that that's that's part of it.

Um say. Let me show it to you on sava. Saba was a little different, see, that's the thing right, it's it's understanding how big the run can be tracking the trend and realizing when it falls apart. So that can be confusing at times sure um, but, like look at sava right, look at what it did so it went stupid yesterday.

It went crazy, it broke out, but it ends up hitting resistance around that swing high area. One! Second, let me so if you we, we zoom in and hits resistance on this swing high, which also lines up with this half deviation. So it's it's more or less, hitting resistance on this previous price action. Slash this half deviation price target area, okay, um and then eventually, i think it falls back to 57 so like if we kind of zoom out right, look at those two price level.

Statistical levels right, so it's like markets going up right market is breaking out, runs to this line. Whatever goes all the way up here and then eventually the trend breaks, and then you get some previous swing low breakdowns right so now you're in a downtrend and eventually it just got parabolic people got squeezed and then eventually it does kind of revert back down right. So this started squeezing a couple times i mean it broke out here and then it was just squeezing so, but that's a concept if you can kind of figure out when the trend ends and if you're, just in a big old squeeze a lot of the times. The squeeze will be given back pretty easily and there's a good short to follow afterwards um and then the market will revert back down to something that's somewhat of a more realistic price level.

Uh delta promaster said it pretty straightforward, yeah, just don't over leverage your short and you're, pretty much yeah it'll pretty much be good ocgn. What a dirty dog just can't even well yeah! That's a good move! That's gon na make that's gon na. That's given some heartache today, sorry guys, i'm really tired, and actually i don't know about you guys, but um. I think i'm gon na move our morning stream to nine in the morning next time, not next time, just like going forward um, i don't know i've been working at such an early hour for the longest time and i don't even have to so.

I think i'm gon na move our morning sessions closer to nine on youtube and then i'm probably just gon na hang out and work at my chat room for most of the morning and then hop on at nine. But i haven't really made the full go ahead on that and if i do do that, then i have to pay someone to redo some of those things that they had edited for me. So anyways that might be a change that happens probably going to um. So anyways ocgn good moves up down all that this or that or the other just got back in ocgn regrets um man.

I got kind of a headache today i got ta say guys. I slept really. I slept really well the last two nights very well. It's probably because i've been working like 16 hour days for the past two weeks so like maybe i'm just actually finally wearing out this 80d brain of mine.

So maybe that's it but uh, but man. I don't want to have to work 16 hour days just to go to bed at night. That's not it's! Not! How life's supposed to be all right so now we'll just kind of run through the spy and then i'm going to take a second and kind of just like sift through some things. I got ta wrap my head around.

You know. What i noticed too, is for the longest time i've been streaming and trading, and i don't ever really give myself the time of day to kind of sit down and like just just kind of look at things myself, i'm always like talking, and so i do miss Some plays like that, so i'm trying to actually slow down a little bit myself. It could probably help me a little, but i'm just i'm so fast in general, um. So, looking at the spy, obviously ben bullish, i thought we were going to get a pullback which we did right there, but not anything that led to a a slight downtrend break.

To give us a really good down, move just ended up being a pullback um yeah. So, there's not really anything when i look at the market that makes that might be something we do have a bearish divergence. Now yeah part of me was wondering if we're just kind of doing this small grindy chop up like this before we get a little trickle down, so i'm not sold the market's going to trend straight up for forever without another decent pullback. Before we go um.

When does it happen? I really don't know, but one thing's for sure you know down here at these levels the spy would be a relatively decent counter trend. Long, just like you've been seeing in the past. So, on the day we actually get a snap down which could be today through some lows. You might see a little bearish move, but i don't really have any any really big plan for the market myself.

I don't think so. That's there that's a little interesting, so that would be yeah. I mean if i were to be bearish the market, which would be. I don't really think, but if you were going through this with a lot of selling down then yeah, maybe you could get like a bearish down snap on the day you could trade into otherwise i would look for like a a base down here to hold and Then go like that, so that's kind of what i would watch for right now is maybe like some sort of base action there as opposed to a breakdown, and just simply, i just i don't know just don't really feel a big snap on our hands right now, But if we do get a snap down today right here, is it there's a bearish play so be it? I would look for extreme selling pressure as you're going through that area today on the spy yeah fed talk today says spy puts yeah, i mean i know.

There's some uncertainty in the markets, but yeah we'll see i'm not going to make a big plan around that. I never gave range on amc. Maybe i didn't. I don't think i did bbby sub 25.

yeah, so this is last night on twitter. So so at 15 hours ago, bbby possible retrace to 25, do be careful, y'all bbby last pullback was a retest breakdown. Level might slide, i feel, like bbbyy wants to go to 26., so the market last night was saying all those things and um, and so here we are this morning at 25.. Well, 24.68 is low, so uh yeah.

So i mean, i think, we've kind of overnight. We've probably slid: do we want to go farther, maybe and then here's like here's another thing. This is to be humble right. This is also something to be humble right and i've gotten better at this over the years too.

Sometimes sometimes i can be not so humble, but um. You know like last night like i was saying i think bby could slide to 26, maybe even down to 25.. I think someone commented was like that ended like an hour ago right and look at where we're at this morning, so because in that moment in time there wasn't enough volume. For that gentleman's perspective, he believes well, it's done right here.

We are tomorrow morning and we're at 25 right so perfect, and we all make the mistake right. Just because something doesn't appear, doesn't look, doesn't matter doesn't matter the market really don't give a right markets will do this. They will do that. Whether you think something you think another thing, whether the volume is perfect, whether you think it's supposed to happen in three hours or two hours right did.

I know that we were gon na tell you was gon na take all night for bby to go to 25. Absolutely not i kind of thought it was going to happen last night, but it didn't right. The volume kind of just like chilled out on the downside we popped back up, but you know we remained below some serious previous highs and so then the market just remained in its downtrend right so and then we slid to 25.. So again, things can happen at whatever time they want to happen.

Um part of me feels like this continues sliding out honestly, so i might have to watch this a little bearish on the day to start so something we might look for. It's like if this is a true breakdown, we might get a re-test of the breakdown which would be back to there, which that doesn't even look like it's going to happen, but we'll see yeah. So i mean this is really going to break down more. They might squeeze it up to re-test and then slam it down if anything so we'll, maybe we'll watch it, but good moves from yesterday uh.

When are you switching to crypto? I mean, i guess i kind of i mean i i mean it depends on what you mean exactly. I haven't really traded crypto all that much. Maybe i should try it um. I mean i've done pretty good at you know recognizing some calls over the past week on you know, crypto.

I think i do like a decent job at mentioning some of them um, but yeah i mean they're, definitely, definitely a cool market one. Second, i i mean yeah, we got a lot of numbers coming out today i mean you're gon na have a lot of stuff coming out around 2 30 p.m. Today, two o'clock, one o'clock: 12, 15. yeah, it's a busy day, yeah, so 1pm commercial paper.

Today, um 2 pm fomc meeting 4 p.m, selected interest rates, which i wonder if they're going to raise rates this time. That would be interesting, thursday, 1 p.m. Commercial paper again, 4 15 tomorrow selected interest rates, some credit, so yeah i mean pretty much for the next couple days. We have some interesting numbers coming out, but nonetheless, 2 p.m could be a little whips on the market.

It normally is, you know they normally whip. It down and then dip buy it up so we'll see if that we'll see. If that pattern repeats today, all right, bbby kind of holding there, it might be looking for a little swing, high pop or magoo retest resistance always possible, not saying you trade that just watching amc um. Well, i did not think amc was going to go to 50 right away yesterday.

Only until we did the explosive move to this swing high. Do i start building the idea that we can in the near-term future also if it just exploded through then, of course it can do it, but it didn't do that right. So you never there's another rule. You never think something's going more until you at least get through.

You only build the idea of what-ifs okay. Another thing we typically don't anticipate stocks to break big previous swing, resistances on first attempts, which this would be a first attempt. This price point is not established until it's established right so now coming back to it. This is a first try of going through it.

Usually a big fat fail, not always, but a lot of time, so you just generally eight times out of ten will save yourself. A loss for not doing that see if you bought yesterday, like oh, it's going to go to 50, which i said it could go to 50.. But if you don't understand how trend and this and that actually works - and you maybe just buy this top thinking. Oh, some guy says it's going to 50 or it could go to 50..

So then you buy the top, not knowing. This is still a first attempt, move haven't even cleared down, so in the event we hold up well here we trend, create a cup and handle pattern. I don't know get through momentum, good volume. Yes, we could potentially go to 50., just as we were suggesting back here, but maybe it was 49, then it could have been 52, i kind of forgot, but it was anywhere from like 48 to 52 or 50.

We were talking about on this pop. Well, guess what this pop did this pop literally? What you're seeing right now is this same move. It's stopping pretty much wait. No, this one went to the gap.

Fill excuse me, so this is slightly different. This one went to a gap fill which was just over. The half deviation then slid back. This one went right up to this half deviation, kind of top, but anyways pretty much the same move same concept through this previous swing, high yeah.

You might eventually swing up to that guy. So that's kind of what the whole world's watching eventually is. Does this grind back up? Do we start clearing and uh? So that's it um intraday levels. I have so far one's there, which i'll tell you the price in a second and another one's there, yeah so two magnet points we could see.

You know algo interaction would be these two lines which are pretty much the two lines: the market traded in the whole time from yesterday till today, right squeeze up tag that one back down tag this one up break through it's like. Are you sure, back down under retest break down back down so maybe to here and then maybe a bounce, something like that um so possible? We'll see again, i really never know anything. That's gon na happen in the market guys. I just look at things.

Make a bunch of ideas and if something happens, the way i like it then awesome right, like sava sava's kind of undervalued. Here it's got room to go up. I don't see a lot of resistance if we're lucky the next day, we'll get a bull flag and it breaks out. Well, it just ends up going straight up yesterday.

So just build ideas follow the stock. If it starts to speak to you, awesome right go to the bar get super drunk and if a lady starts to talk to, you wants to go home with you awesome, but usually not the case. Uh we already covered bbby, i'm not really gon na go over. That one right now but uh, really no good projection for it.

To be honest, i'm kind of still watching it. I don't know what the i'm watching it. I'm sorry! I don't know what i'm watching. I was watching it bearish last night to 26 25.

So that happened, so i don't really have a plan for it anymore right. My last plan for bby was watching it bearish from its top down to 25. 26 is now that that's happened. I'm kind of like don't know what to do right.

I'm waiting for the next thing on it. I don't know it, that's what i knew now. I don't know so. I'm kind of waiting for the market to tell me something i know expr um.

Actually i mean i got ta say gamestop looks like super good. It was looking good a couple days ago and i was kind of thinking about it, never pulled the trigger because you know i'm a sally but um still. That looks good. So i think regardless you should just keep watching amc, gamestop, um, amc and gamestop.

Specifically expr is definitely a laggard um, but definitely keep keep watching amc gamestop. I see potentials for you know gamestop to 239 still. Does that mean it's going? No, it doesn't. If you understand the trend, you'll be fine, i don't know, but yes, there's potential for fit for 239 240s or whatever same with amc going to 50..

Just like we said, amc could go to like 40, whatever two or whatever the gap fill yesterday half deviation, and it did that same the same thing. That's in this brain saying that it can do those next things. It's all the same analysis we'll just see if the market shapes up, okay, so gamestop and amc. I think the market says those are still good ones to keep an eye on papa magu.

I would love a papa magu on amc, um, emmy, m-a-r-a huh. Let's take a look yeah, this alna good move, um, but again you're at the previous swing. High little half deviation resistance, so nonetheless, this can very well be an area where you get sold into unless the buyers are really strong. So you kind of need a lot of retail investment here to get this to pop again, i think um.

To be honest, i mean i'm not extreme. I wouldn't really want to be a big buyer. Here again, the average volume signal kicked off this morning at like eight, okay or yeah eight in the morning, the the the average, the a ball scan said. Hey watch me, pops up pulls back, which is probably the test of a swing.

High breakout. Add the dip to the next resistance and close all right, so you got yourself here: a 26 gain all right, so if you traded from the bottom here, whether it's down whole way or not from that low to that high is about a 25 percent gain. So while you guys, i would say you guys, but the one that i look this i'm looking at this right now, so so, whoever mentioned it or whoever's, considering it, whether it be you or 20 other people somewhere else in the world right, there's someone that bought This here and here and they're up 26 selling into you right now. Okay, please understand where you're located in the food chain.

Could this go higher sure? But i know that anybody who bought here - and it has a 20 gain - is not complaining about selling it to you there. They don't care if it goes higher or lower. They've already reaped a 20 percent gain they'll. Take it not too late.

Look at alna you're right: it's probably got potential. Okay, so sure follow it 100, absolutely one yeah. So basically you need a new breakout, so wait for a new breakout or some sort of dip buy off support that you're able to identify being uh, really good support. Uh neo actually looks pretty good there.

I think spike up yesterday, so yeah. Your next kind of significant break point for uh neo is going to be kind of around there in terms of price action, um yeah. So if you break that, then obviously you'd probably try to test previous highs. Hopefully you clear and snag up to 43.44, so 4344 right now, i believe, would be kind of the max daily target i would go for maybe 44.29 depends on what the average true range is with neo, which i don't actually know right now.

Oh no! Oh! That's! Annoying it does that. Oh that's right at the wait till the open. I could search it up over. It doesn't even matter, but whatever yeah you know, previous high push max is like 43s right now.

I think so far it's all about sofa. Today i mean i don't disagree with you at uh yeah, through previous candle highs. You could definitely see some momentum pick up there. Uh 2306, so you got 2268 2306.

So that's the intraday level. But if you were actually breaking out of the consolidation, then you would run above that level. So that's a good looking bull flag holding well uh 2301 seems like a very logical price to go for immediately on the day and then, if you can break obviously that well you'd already be breaking previous high. So don't you go to 23., so um yeah.

The reason that the intraday deviation really isn't that far away since it's only right, there is because we've been in sideways consolidation for a couple days, so our deviation for intraday should be a little sideways. So this is a situation where overbought looks like it's really close, but in reality the overbought on the intraday is really the breakout over the previous day's consolidation. So getting up to the intraday three dev could be signaling an actual breakout on that play, which then takes you a little higher so definitely worth watching for sure keep an eye on it told y'all about sofie uh one. Second.

Actually, i'm gon na go on go get some coffee, hmm, weird, so yeah. If we get uh, if we start having some streaming problems, i'm sorry this looks really weird, but you see this little that little box there that's supposed to be green when a good stream is going on and when you're having streaming issues. It obviously does that, but um yeah, so you know, if things end up getting a little glitchy. I i apologize uh, there's, there's really nothing else that we can do here on our end, we've done everything we can possibly do so we're just kind of at the whims of the uh the internet world, to hopefully give us good streams every once in a while.

So hopefully it just works for you guys and and stays okay, all right, so uh yeah, there's bbby retracing back to that breakdown level, so that was uh. That was a play that we mentioned just a little bit ago, but we mentioned it. I think there and it sucked back down one more time before going up uh. So that's a success.

So if this market's really going to trend down more from here, that would probably be a wise place for some people to try to knock it down, we'll see so far. Buying volume is good going into that level. Future, that's a great move! So a lot of momentum, there, a lot of volatility so far, starting from a low point uh, so that still has room to go. There's a gap fill on the upside to 66.

uh, so yeah. Oh, that makes things a little more slightly interesting um. So that's probably a guaranteed yeah. Maybe yes, i would say this is a guarantee when i say that take it with a grain of salt, but in my mind you know with momentum.

This seems like why not - and maybe not just the second, but this price of 62 to me seems like there's no reason why, throughout today tomorrow, you can't see that that price hit 62. and then you know, maybe even a gap fill over the next couple days Or something oh perfect, knack just start spasming right now. Why not? Why not just get all weird so today i to say i'm i can't say i'm probably going to be chilling today i got to say i'm going to be chilling. Yesterday was a really good day for me, asava um, so i think for now i'm just going to kind of.

I don't always say that, but unless something really speaks to me, i'm probably not gon na do a whole lot of trading. Today i got just a couple: small open swing, trades right now that um, if they work, which one of them working, which two of them are working now just need the other one to work that would be cool, come on little guy come on sport, a little Chip um, which looks like it might start to work uh mogo mo no. So though i did say you were going to get rich on b-e-n-e and i look like a complete idiot. I was right about moga.

It did go up 30. I'm pretty sure. Let's double check so when we had mentioned good old, i can't remember. I think it was about right there yeah.

So when we first mentioned moga, i think it was right about here right about this red line somewhere in this consolidation area and then even maybe the dips, and we recommended looking for a 750 which would be 30 percent. And you will see that if we go to the four hour chart - and you stretch from this red line to that high - that is a total of 37 percent. It was a lucky guess, though, like be any, we got smoked, so some of them work some of them don't, but this is one that worked so mogo 30 percent yiper, but i think there's still some momo there mogo momo momo mogo mogo momomo yeah. So that's a pretty cool one.

I think that's awesome, so we'll continue following that got rid of the sava bag. Yesterday, the boy um you should be watching visa long bias. Probably yeah i mean i mean, maybe it goes lower sure, but i mean i'm not going to want to i'm not going to be the one to sit here on youtube like oh yeah views is going to go down bro. No, i'm not going to say that no, i would say, based on up down pattern, i would probably be optimistically long biased, rather than trying to sell this down to all hell.

That's just me and people love debt right, people, love debt. Our government loves debt. I mean it's basically a religion at this point: debt right, basically, a religion. If you don't have debt you've never heard of god is, is basically the way our world works.

Um and we all know everyone's heard of god. So basically, everyone has that kind of so anyways we love debt. So i think visa is a great play. It's been a great play, so look for a counter trend, long sort of situation.

Right now we did not cover dwac, better religion for better religion. For a long time, do you think zillow zg will have a bounce after a sell-off. What goes up must come down and what goes down must go up. Beanie you you for sure what goes up must come down no just kidding but seriously uh.

It's a question. D-W-A-C-Z-G yeah we'll look at this dwac first, because this is also something i've been watching for a long play which arguably might be today we traded it long here we said, doesn't matter the market said go long. There went long market's saying maybe watch long here again. So maybe it goes along um, so yeah yeah, it's it's a pretty interesting setup.

There's a battle going on and it's to me it seems pretty straightforward um. I think the objective, if you're gon na get a big pop, is you have to clear this high in here? You see this one right there, that's the high! You need to clear, because that high lines up with this half deviation right there, which i'm marking okay and it lines up with. I think it was the daily chart, statistical mean, which kind of not really it's it's close, but not quite, which is that one. So, looking at a one minute chart: oh that's the way it kind of appears.

You have your previous swing, high resistance based on price action. You have a statistical level that lines up right there and you have your mean and lines up. So to me, it seems like this is the holy grail level to cross through right there, the right momentum, the right volume shifting through this zone, i think, can lead to a squeeze. Why? Because i'm an idiot that just draws a bunch of on his chart that makes him think this is a cool zone.

That's why and then. If we get a bunch of volume - and it goes up then cool, and if we don't then well trump sucks, he lost the election, he's an idiot whatever. If it goes up trump's the greatest guy ever he's making me money, it doesn't matter whatever come on. Man come come on man double bottom.

Holding support if stock closed above is as a day will continue around the following day. Uh, if stock closed above its previous high a day will continue to run for the next day. No it won't, it could doesn't mean it has to what drawing tool do you use? I use the drawing tools that come with the zoom meeting, so when you use zoom and start a meeting, then that is what i'm using which, by the way, i was supposed to set that up today. So if i nice cool uh, not a doctor, i think he's got a good point there.

I think he's got a good point, or maybe, if we were all just complete savages at trading or just had well yeah complete savages at trading, we would make millions or if we could get fills with hundreds like if we could get fills with like 40 000 Shares without actually moving the stock and getting the fill exactly at the price we wanted and then get that same exit fill at the price we wanted without affecting the stock. Then yeah we make a ton of money, but that never works. For me. I always end up moving spread and can't really get my fills and so yeah.

I wish i i wish. I knew how to do that and that would make a lot of money, which is hard. So here we are here. We are just yolo and and stinger actually raises a good question: it's how you trade that actually makes the difference see.

I've had these these. These epic price target calls right that work great and then i've also had these epic price target. Calls that don't work great. Sometimes and you're always like well, why not? Why not this time right and there could be 16 million different reasons why it doesn't really matter just doesn't work um right, but there is a rhyme to the market in most of your issues and most of the things that lose you money or when things go Wrong, it's really just you right, the market's the market, the market's there to help you and simultaneously bend you over and give you the biggest writing of your life that doesn't feel good by the way.

It's not one of those happy ending kind of rides um and the objective is just just right: it's always the one. It's always i'm not gon na say that i'll probably get shadow banned even more than i'm already shadow banned on youtube, but um yeah. It's not a good feeling, but the markets are to help you and it will take from you and the objective is to try to be on the right side of the trend. If you're on the right side of the trend, life is easy.

It's when you're, not that life is life, is pretty shitty, there's still possibility for b-e-n-e. Yes with the merger going through absolutely a-l-n-a, hmm man, let me let me make something. Can i make something and not not like i'm perfect guys, i'm not perfect. I hope to one day: that's not even no, i just hope to one day be better than i'm already am right.

So if i may, this to me looks like a bull flag, but it's playing out like so far. Is it possible that this bull flag's playing like because it's at a big previous swing, high resistance that also matches up with a statistical deviation resistance right there? Maybe that's why it's struggling at least for now. It could go higher, yeah sure for sure all right, all right now, when we zoom down right, let's go down a little bit to like here or even like here all right. What looks like a bigger resistance to you, this top or these little guys in here, not probably that one so now we're going to zoom in on the one minute.

So when we break through those lines and then we pull back to retest the breakout and we create a flag pattern here, this is a significantly lower risk opportunity to put your money on whether or whether or not you think it will or won't work. It doesn't. Even matter, okay, because if we just broke out and we pull back to retest the breakout - your downside risk right now is maybe 10 percent upswing in this case was 20 to 30.. So when i told you that you were getting sold into right here, i'm not lying to you, because somebody bought here for a 10 percent drawdown with a 30 percent upside.

They played a one to three on that stock and they're, taking their profits in this bullish. Maybe you think is a bullish pattern right, that's a bullish pattern and it played out really well look at this pattern. How shitty it's trading? Okay! Just because you see a pattern, does not mean it's supposed to do anything. You want it to do markets, trade or let me rephrase that trading accounts go up based on risk.

Reward trading accounts, don't go up by trading patterns. Patterns can occur that give you indication that you're right, maybe but more or less markets, work on risk reward and accounts go up based on risk reward, not patterns. Okay and if the concept goes, smart money moves the market and if smart money trades based on risk reward, then it would be my opinion. Smarter money buying up here, dumber money buying here.

If you want to consider yourself smart money, dumb money, i'm not going to say who isn't who what. But i would say that today in this current market structure, smarter money is here and dumber money. Is here, that's my guess. So, as i said before, i will not be buying that flag set up the outcome so far has been pretty shitty, and this is the same thing over and over and over and over and over ready flgc.

So flgc you're like oh well connor. This didn't work. Okay sure it didn't work, i don't i don't care ready watch, so i i'm pretty sure that i did this right based on what i was looking at. But this is a break level right, so we break out right pulls back whether you want to call that a flag or not.

I mean it's a little. It's a snap down and a high or low breakout mini flag, all right. So, what's to the previous low previous low here, breakdown is about nine ten percent. So a ten percent draw down.

Okay - and earlier remember, i said this might go to 560. It might even go all the way up to 630 so from here. If the bulls were strong enough, they could have forced a 20 to 30 percent move today on the upside, with a 10 drawdown. Do you notice anything unusual? The average volume scan is popping off so this morning a ball scan.

Eight in the morning signals you buy. The dip in this case it only goes up ten percent. Oh boo, hoo. I made 10 in five minutes now, if you sell, i don't know if you hold, i don't know, but one thing's for sure you put yourself in a situation that gives you a ten percent drawdown and a twenty to thirty percent upside you're.

Putting yourself in a position, do you hear me? Do you hear the like jackie chan? You hear the word they're coming out. My mouth, you don't know, what's going to happen, the market sometimes through studying and education. You can get better at that and i can get better at that. You can get better or you'll have an idea when news might come and things like that.

But let's say you didn't know any of that and you're just a dumb, just a dumb ape all right, just a dumbo kentucky, because i'm from kentucky from kentucky you're, just a kentucky dummy right, you're, just an inbred kentucky person really dumb. I was born in kentucky. So i'm allowed to say that okay, so you're just really dumb, so you don't know what's going to happen, but what you do know is. You can put yourself in a 10 percent drawdown max position with a 20 to 30 percent upside every single day.

When you wonder how people like run their accounts so high, in which i haven't even fully learned how to do, i hope i get there as you can see, i'm i'm i'm showing you guys everything that i think i know i never hold anything back right. I'm always trying to get better and show you everything, and then maybe you guys can teach me something new, but in a nutshell, you could come in every day and find this setup every single day, 10 drawdown with 20 30 upside. You add long. If it works.

You just one to three your money on the day. If it doesn't, you take your ten percent cut and then you go well, i mean blah blah blah blah blah. What if it fails? What about the risk? Okay, well, stop being a jackass and maybe only risk five percent of your account, and then you do that fifteen times a day hit ten or five one, two threes and you lose on. I mean you'll still have a decent day or a break even right.

So you might not be able to do 10 to 15 of those a day. You might only be able to do one for now right, um, but as soon as you start to just kind of open your eyes up to possibilities in the market and stop looking at things like, oh, is it going to break out or what? If it doesn't? It's like well, it's only a 10 drawdown. It has a 30 potential, take the risk. If the market likes it, it's going to work.

If they don't it's not and you'll know, but if you buy the dip and you buy the pullback near the support, your risk becomes limited right and there's usually enough smart traders that are willing to buy the dip with you. That will force at least a mini move up to the point where you profit: small loss, blah blah blah. You see what i'm saying um. So that's a repeating pattern in the market, so i just showed it to you on uh flgc.

I showed it to you on alan and i'll show it to you on gfai. I believe so, if you look at gfai again, it's the same pattern guys and i want you to see it right. I want you to see it. Okay, you see it here.

Evol scan purple at like eight in the morning or whatever set it might have been like six in the morning, ready pop pull. That's the test of the breakout run. Okay, are you ready what's the drawdown? Can anybody guess what the drawdown is? I don't even have to guess it's 10 right, a little more sorry if we went to like the absolute low pre-market, it's like 13 14. So it's slightly elevated, but it's about a 10 13 drop to like these low points, and then the market ends up running uh, almost 40 30 - something like that.

So that was almost a one to four there today, one to three: okay, all right um! So so now you're like well connor. I don't know how far it can go. I don't my price target. Well, let's take a mcgander.

Do you think that this price here was random hold on? Do you think the 340 was random, or do you think there was some rhyme to that one? Let's use conor standard deviation system which really isn't his it's just a system that i've come to use and people know that i use it. So, let's take a look at that huh! Look at where the top of that wick. Is you see that? Do you see that or are we just all dumb inbred kentucky? Maybe all right so right there boom 1884 hour plus two deviation resistance top of the market to the penny. So when you add long on your dip and you go well, how far can it go? Remember back to conor's statistical deviation system? We know where break points and resistances can be based on these lines, so today this is what this setup would have been like, and now i use two time frames, because why? Because i don't know, i don't know everything.

So i want to give myself a little detail, which some people think is it's too much on the chart. It's too confusing. Okay, it don't use it. I don't care right, do whatever you want, i don't care, but when i'm able to predict a penny top, sometimes i'm going to use it i'm going to use it.

So you add long the dip when you get a higher low and a swing high break. Look at where all the volume comes in okay on this candle just after right, so all the volume spikes pre-market where after the market - and i don't even care if there's something moving right now, i i actually smacked sava pretty hard yesterday, i'm not gon na lie. Dude, i i feel i hurt. I hurt right now, because my calls that i was in yesterday went up seventeen hundred percent and i locked in at like a hundred and ten percent gain.

Oh, i would have made a hundred and eighty five thousand dollars. If i held saba till 70., that was rough that hurt so nonetheless, it was a big day. So i'm just gon na kind of sit back and not do anything today, really just kind of chill um but yeah that hurt dude. I would have literally paid off my mortgage yesterday if i would have chilled out for - and that was the thing.

Sometimes you know a little bit and - and i just i had the perfect analysis i didn't ride with it.